The post Bitcoin Volatility Spikes Near $60K As Profits Plummet appeared first on Coinpedia Fintech News

Bitcoin’s quarterly Net Position Change Supply in Profit [%] has experienced a notable decline, dropping from a recent peak of +0.46% to -0.11%. If current trends persist, this metric may further decrease to approximately -0.23%. This downward shift indicates that many Bitcoin holders are seeing diminishing returns on their investments. Amidst this trend, Bitcoin remains …

The post Bitcoin Volatility Spikes Near $60K As Profits Plummet appeared first on Coinpedia Fintech News

Bitcoin’s quarterly Net Position Change Supply in Profit [%] has experienced a notable decline, dropping from a recent peak of +0.46% to -0.11%. If current trends persist, this metric may further decrease to approximately -0.23%. This downward shift indicates that many Bitcoin holders are seeing diminishing returns on their investments. Amidst this trend, Bitcoin remains volatile around the $62,000 mark, reflecting broader market uncertainties.